NOT LISTED FOR SALE

2909 Memorial Ave Lynchburg, VA 24501

Westend Neighborhood

Estimated Value: $3,904,020

-- Bed
-- Bath
34,446 Sq Ft
$113/Sq Ft Est. Value

About This Home

This home is located at 2909 Memorial Ave, Lynchburg, VA 24501 and is currently estimated at $3,904,020, approximately $113 per square foot. 2909 Memorial Ave is a home located in Lynchburg City with nearby schools including T.C. Miller Elementary School for Innovation, Paul Laurence Dunbar Mid. for Innov., and E.C. Glass High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Ecktown Associates Llp
Bought by
Lynchburg Investors Llc
Current Estimated Value
$3,904,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,207,370
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$1,696,650
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lynchburg Investors Llc $3,000,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynchburg Investors Llc $2,400,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,745 $3,183,900 $744,000 $2,439,900
2024 $27,572 $3,098,000 $744,000 $2,354,000
2023 $6,893 $3,098,000 $744,000 $2,354,000
2022 $26,934 $2,615,000 $620,000 $1,995,000
2021 $29,027 $2,615,000 $620,000 $1,995,000
2020 $28,449 $2,563,000 $620,000 $1,943,000
2019 $28,449 $2,563,000 $620,000 $1,943,000
2018 $26,376 $2,376,200 $372,000 $2,004,200
2017 $26,376 $2,376,200 $372,000 $2,004,200
2016 $26,376 $2,376,200 $372,000 $2,004,200
2015 $26,376 $2,376,200 $372,000 $2,004,200
2014 $26,376 $2,376,200 $372,000 $2,004,200
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24501 Westend

2909 Memorial Ave, Lynchburg, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes